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Westchester County IDA votes final and preliminary approval of financial incentives for two development projects

The Westchester County Industrial Development Agency (IDA) has voted final and preliminary approval of financial incentives for two significant projects in downtown White Plains – an affordable housing project for seniors and a transit-oriented development

Ariel completed $3.78 million sale of mixed-use multifamily property

Manhattan, NY Ariel Property Advisors (Ariel) has completed the sale of a mixed-use multifamily property at 32 Ave. A between East 2nd and East 3rd st.'s. The property traded for $3.78 million, which translates

Bayport Funding closed on $200 million senior credit facility from Webster Bank

Bayport Funding, a leading direct portfolio lender providing bridge financing for real estate investors, has announced the closing of a $200 million senior credit facility from Webster Business Credit, a division of Webster Bank and the lead syndication agent in the transaction. The move bolsters Bayport’s already significant financial resources as the firm expands

The Leadership Alliance joins Senator Chuck Schumer, Broome County Urban League, and other community partners to announce $750,000 in childcare funding

Binghamton, NY Leadership Alliance CEO, Stacey Duncan, alongside community partners from the Urban League and the United Way of Broome County have announced an award of $750,000 in congressionally directed spending secured by Senator Chuck Schumer

K&L Gates team obtains Appellate Victory for mortgage lender in NY tax foreclosure case

      A team of lawyers from K&L Gates LLP s...

City of Yonkers and Iona University to be honored at BOMA Westchester’s Annual Hall of Honor Dinner

Tarrytown, NY The Building Owners and Managers Association of Westchester (BOMA) announced that the City of Yonkers and Iona University will be the honorees at BOMA’s 31st Annual Hall of Honor Awards Dinner to be held

Daly and Keating of Rudin lease 59,550 s/f to Vibrant at 80 Pine St.

New York, NY Rudin, a full-service real estate organization, will be relocating nonprofit mental health provider Vibrant Emotional Health (Vibrant) to 80 Pine St., its 1.2 million s/f financial district office tower, with a 15-year lease totaling 59,550 s/f. Vibrant Emotional Health’s footprint will span the entire 18th and 19th floors of the 38-story building.

The Doe Fund tops out The Plains - 82,465 s/f multifamily residence

Bronx, NY The Doe Fund, a homeless services nonprofit with a portfolio of transitional, affordable, and supportive housing throughout NYC, celebrated the topping out of its latest real estate development at 4519 White Plains Rd. The nine-story, $48.5 million joint venture — known as The Plains and designed by OCV Architects — is the second The Doe Fund has undertaken with Robert Sanborn Development.

Short Term Capital buys $3.9 million non-performing loan - 16,907 s/f

Hempstead, NY Short Term Capital, a New York-based family office,  has purchased a $3.9 million non-performing note from the lender of a commercial property owner. The 16,907 s/f property,  located at 999 Hempstead Tpke.

Basta & Fisher Brothers launch fifth term of its fellowship program to create career, social capital opportunities for underserved students

New York, NY Fisher Brothers, a leading New York City-based real estate firm, today announced it will continue its partnership with Basta, an organization that connects first-generation college students of color with career-building opportunities. For the past two years, Basta and Fisher Brothers have supported a paid fellowship program,